Big, small insurers toy with pandemic-proof policies for post-Covid world

Pandemic exemptions have helped some insurers emerge relatively unscathed

Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the Covid-19 crisis.

The providers include big insurers as well as niche ones that see an opportunity in filling the void left by mainstream firms that categorise virus outbreaks like wars.

Tech firm Machine Cover, for example, aims to offer policies based on traffic levels around businesses such as restaurants, department stores, and car dealers. If traffic drops below a certain level, it pays out, whatever the reason.

The company’s founder Inder-Jeet Gujral said: “I believe this will